Stock Market Preview: Before Trading Begins, Russell 2000 Reaches New High Not Seen Since Early 2021
The New York Stock Exchange (NYSE) has issued a pre-market update on September 19th, with the source being the NYSE itself. This update does not contain any new standalone facts about the Federal Reserve's interest rate cut on September 18th, which saw a 0.25% reduction as expected.
In the update, it was mentioned that the Russell 2000 has hit a new record since 2021, joining the major indices that reached new highs on September 18th. This marks the first time since 2021 that the small-cap Russell 2000 has joined the major indices in hitting new highs.
Meanwhile, IBM (NYSE: IBM) is celebrating the 2025 winners of IBM's Sustainable Innovation Prize on September 19th. However, there is no mention of any celebrations by J.P. Morgan Chase (NYSE: JPM) on this day.
In a separate development, Fedex reported better-than-expected earnings on September 18th, resulting in a net income of $820 million. This positive report led to a 5% jump in Fedex shares in extended hours on the same day.
It's worth noting that the pre-market update does not provide any new information about the performance of Fedex or its earnings report, nor does it mention any new economic reports scheduled for September 19th. Furthermore, the update does not contain any advertisements for the NYSE TV App.
On the other hand, J.P. Morgan Chase (NYSE: JPM) is celebrating Hispanic Heritage Month on September 19th, but this was not mentioned in the pre-market update.
Stocks are little changed early on September 19th, with the pre-market update not providing any new information about the stocks' performance early on this day. The pre-market update was also distributed by Canada Newswire via QuoteMedia.
The Vormorgen-Nachricht (morning news) on September 19th before the New York Stock Exchange opened was not explicitly identified by any source in the provided search results.
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